This is a fantastic monitor! I am very pleased with the picture quality. The blacks seem far deeper (due to the 50,000:1 contrast) and colours are much more lifelike and vivid when compared to my previous LCD monitor. Colour banding has been a problem on a lot of LCD monitors I have used, but I'm pleased to say I haven't spotted a single instance of it on this LED. Colour gradations are very smooth and natural. The Full HD resolution is now the standard for High Definition content, so with the HDMI connection and HDCP compliance, this monitor is ideal for XBox 360 / PS3 / Blu-ray use.
I found it very easy to set up; I just plugged it into the computer via the included DVI cable (VGA also included in the box for connection to older computers) and turned it on. There is no ghosting and the image is spot on. I also checked the monitor for dead / permanently active pixels and am pleased to say that the panel is perfect - there isn't a single dead pixel.
For applications featuring fast motion, such as when playing games, I have not noticed any lag at all. The different picture modes adjust the monitor for best appearance when using Windows, playing games, or watching a film. The monitor is also very slim compared to my old LCD so it's great for space saving on your desk! When connected to my Windows 7 PC, the computer automatically picked the correct resolution (1920x1080) to match the monitor, resulting in crisp graphics.
The touch-sensitive controls on the front are a very nice touch. There are no physical buttons; you simply touch the monitor's frame and it reacts by lighting up some purple LEDs. Very posh!
I give it top marks for its stylish design and features, but in the end, picture quality is the most important factor to consider when choosing a monitor. The LG E2250V LED monitor definitely delivers. Highly recommended!